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Sail profit down in Apr-Dec '05-06

New Delhi, Mar 25: SAIL has declared an interim dividend of 12.5 per cent after achieving an eight per cent growth, but its net profit has declined to Rs 2,935 crore for April-December 2005-06.

The profit was lower compared to corresponding period of last year mainly due to lower steel prices and input cost escalation of coking coal, Ministry sources said today.

But the company achieved the highest ever saleable steel production of 8.59 million tonnes in Apr-Dec 2005-o6, about eight per cent higher than that in the same period last year.

UNI

Define office of profit first: Brinda Karat

Lucknow, Mar 25: Seeking a clarity on 'office of profit' issue, CPI (M) leader Brinda Karat today (Mar 25, 2006) said there were a series of resignations on the issue, but most were aimed at gaining political mileage.''Several leaders are tendering resignations, but it is yet to be clarified what office of profit really is,'' she told reporters here.''Resignations to gain political mileage can be individual decisions, but the matter should be made clear in Parliament.'' It should.....

Dilution in the Kashmir policy is harmful: PKM

Jammu, Mar 25: The Panun Kashmir Movement (PKM) has expressed serious concern over the statement from various quarters regarding the 'settlement' of the Kashmir tangle. Panun Kashmir Movement (PKM) president Ashwini Kumar Chrungoo while addrssing a press conference here today said, the statement of Prime Minister Dr Mamohan Singh on self-rule and autonomy appears to have been made in haste.''PM's statement concerning self-rule and autonomy 'within the vast flexibilities of the Indian Constitution' tends to give credence to.....

Rowing event 'Gomti Cup Marathon 2006' from Mar 28

Lucknow, Mar 25 (UNI) Uttar Pradesh Rowing Association is organising 'Gomti Cup Marathon 2006' at the banks of river Gomti on March 28. Organising secretary Tejendra Prakash Havelia said here today, that the marathon would kickstart from the UP Tourism Board Club and after taking a pre-determined route conclude at the same place. UNI VS AY BS1835.....
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